Part 1 Conditions to be Satisfied by Individuals
Finance Act 2004 (2004 c 12) | Legislation

SCHEDULE 11 Conditions for Registration for Gross Payment

Section 64

Part 1 Conditions to be Satisfied by Individuals

General

1

(1)     In the case of an application for an individual to be registered for gross payment, the following conditions must be satisfied by the individual.

(2)     But where the application is for the registration of the individual as a partner in a firm, this Part of this Schedule has effect with the omission of paragraphs 2 and 3.

The business test

2

The applicant must satisfy the Inland Revenue, by such evidence as may be prescribed in regulations made by the Board of Inland Revenue, that he is carrying on a business in the United Kingdom which—

(a)     consists of or includes the carrying out of construction operations or the furnishing or arranging for the furnishing of labour in carrying out construction operations, and

(b)     is, to a substantial extent, carried on by means of an account with a bank.

The turnover test

3

(1)     The applicant must satisfy the Inland Revenue, by such evidence as may be prescribed in regulations made by the Board of Inland Revenue, that the carrying on of

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